Following last week’s story that Fairline Yachts had warned staff to expect redundancies, the UK-based boatbuilder today announced that 240, out of a total work force of 455, will be made redundant from the end of July, when the furlough period runs out. Fairline attributed the job cuts to ...

The 72 and 68 Sports Motor Yachts, the flagships of the Riviera collection, have reached a milestone this week with the completion of the 20th boat following the launch of the new designs in 2018. Riviera spent two years developing the 68 and 72 SMY, consulting with Riviera owners from ...

Italian boatbuilder Sanlorenzo is reporting strong sales in foreign markets. With five yachts sold in Hong Kong since the start of the year, including three over the last week, Sanlorenzo Asia – thanks to its collaboration with Simpson Marine – is leading the company’s international rebound.

The first of a new series of solar-powered catamarans by the Singapore-based Azura Marine was launched earlier this month in Bali, Indonesia. The appropriately named ’Solar Eclipse’ is the first hull of in Azura’s Aquanima 40 series, which currently includes the Aquanima 40 and Aquanima 45.

Taiwanese boatbuilder Horizon Yachts is building its fourth Horizon yacht for a repeat client. The Horizon Custom Collection (CC) 98 is for an Australian owner whose three other yachts were a Horizon CC80, an E84 and

BRP will shutter its Alumacraft Boat operation in the state of Arkansas, eliminating 90 jobs and consolidating manufacturing at its existing facility in St Peter, Minnesota, according to a company news release and local reports. This on the heels of Wednesday’s announcement that the Canadian outdoor recreational products company is ...

Austria’s Silent-Yachts has reported four new sales in recent weeks. The company now has eight solar-electric catamarans under construction at its yard – one Silent 55, four Silent 60s and three Silent 80s, the 24m flagship model of the entire range.

Zeelander Yachts of the Netherlands is expanding its state-of-the-art shipyard in Groot-Ammers in response to what it describes as growing demand for its boats. This will also allow the company to prepare the ground for the development of new models.

Italy’s Ferretti Group launched the Riva 88’ Folgore at its shipyard in La Spezia on Monday, marking the company’s first model launch of 2020. The La Spezia facility is dedicated to the construction of Riva yachts from 76ft-110ft in length.

Despite losing about six weeks of production to the COVID-19 pandemic, Invincible Boats is on track to reach its calendar year 2020 production goals, though its fiscal fourth quarter – which ends in July – will likely offset gains made in the first half of the fiscal year. Exempt ...